Megabangna, the first low-rise super regional shopping centre
in South East Asia, is investing 2 billion baht to addparking capacity, a larger supermarket and 40 new restaurantsto the popular shopping centre.
Mr. Christian Olofsson, Managing Director of Megabangna, said that the centre has grown more than 8% a year since its 2012 opening and welcomes 3.5 million visitors a year. The mall’s 8,000 parking spaces are no longer enough to meet demand.
Our vision is to create a better everyday life for the many people and we do that by offering our visitors a great day out – from the time they arrive in the parking lot.
The new wing will include a parking garage for 1,200 cars and 20,000 square meters of new retail space. Mr. Olofsson expects the extension will strengthen the position of Megabangna as the leading shopping destination for fashion and food in their catchment area.
Customers tells us that our three largest opportunity areas are to increase the amount of parking spaces, improve our supermarket offer and add more unique Food & Beverage concepts. I’m therefore very excited to be able to announce that we will cater for all those requests in the same project.
The new retail extension will be fully integrated to Megabangna’s current Food Walk. The mall’s unique low-rise architecture and carefully executed mix of outdoor and indoor spaces creates a modern vibe and makes Megabangna a meeting place for family and friends. The increased capacity and offer is expected to lure an additional 350,000 visitors per month to the mall – a 10% increase from current monthly footfall to the centre.
In addition, Megabangna is improving overall access to the centre.
“We recently opened a transport terminal for mass transit vehicles such as buses, vans and taxis” Mr. Olofsson explains “and we are strengthening our internal road network as well, making it easier than ever for people to come for a visit to the centre. In a very near future, we will also construct a U-turn on Bangna-Trad Road to help improve external road networks and traffic around our site.”
Megabangna is located in one of the fastest growing suburban areas of Bangkok. Thanks to a massive growth of property and residential developments, this zone will soon enjoy close connectivity with two mass transportation projects recently approved by the government – Green/Yellow Line and LRT (Light Rail Transit) from Bangna BTS station to Suvarnabhumi Airport.
According to Megabangna’s 5-years-strategy, the shopping centre has a strong attempt to continue developing the existing property and internal facilities to serve growing demand of its catchment areas. Megabangna is under discussion with various potential partners and investors who share the same vision of “creating places for people first, then businesses”. More details of future expansion phases will be announced soon.